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S&P Index Returns to Resistance Level and Bitcoin Continues Downward Trend

Fallond Stock Picks · ·by G4L

NDAQ Nasdaq Inc
$108.65 -0.94%
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  1. 1The S&P index has returned to its resistance level and has potential for an upward move toward 7.8K.
  2. 2Prices below 275 are good points where GTC buy orders for the Russell 2000 may be valid, but concerns grow if the 270 level is lost, signaling greater worry during a decline.
  3. 3Bitcoin failed to reverse after the 20-day moving average and failed to find support at the 200-day moving average.

So what's the key point?

US stock market indices have risen to a point where they could increase again. Bitcoin is falling as the baseline supporting its price has broken down.

Source Fallond Stock Picks · View original ↗

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